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The central bank of nigeria act 2007 gives the central bank, central bank of nigeria (cbn) the right to issue nigeria's legal tender which is legally prescribed to be the naira. Web as at press time, there is no law that criminalizes dealing in. At the time the laws were passed, cryptocurrencies did not exist and thus there is no legal framework addressing cryptocurrencies, nor can they be considered legal tend… Web citing concerns that cryptocurrencies can be used for money.
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